Is this one exaggerated example or indicative of things to come? According to CalPensions.com, “After a five-day trial last month, a judge is looking at 13 issues in suits filed by unions and retirees against a San Jose pension reform. The big one is whether pensions earned by current workers can be cut.”

With revenues flat to modest, and the end of the yield curve twisted, what does this mean for not just one large example, but all cities? See the full article at CalPensions, and thanks to PublicCEO for the re-post.